3 Room (3NG) HDB for Rent in 807 Tampines Avenue 4

The valuation of the 3-room HDB unit in Tampines, with a remaining lease of 57 years, reflects a highly stable market position, with an estimated value of $368,002, translating to a price per square foot (PSF) of $566. This valuation is particularly noteworthy as it indicates a market price that is aligned with the baseline, showcasing a 0% difference. Such stability implies a well-balanced demand and supply dynamic within the Tampines precinct, a well-established residential area known for its amenities and accessibility.

The model confidence for this valuation is classified as high, based on an extensive analysis of 491 recent HDB resale transactions in the vicinity. This robust data set reinforces the reliability of the estimated value and suggests that buyers can expect a consistent performance from their investment in this property type. Furthermore, the remaining lease of 57 years positions this HDB unit favorably in the long-term market, as properties with a lease of over 50 years often exhibit resilience against depreciation, particularly in sought-after locales like Tampines.